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Press Release EpicorŪ and Smart Software Alliance Gathers Momentum
New customers purchase and integrate Smart Software's SmartForecasts with Epicor Enterprise Suite
Belmont,
Mass. and Irvine, Calif., October 11, 2004 -- Smart Software, Inc., provider of
industry-leading demand forecasting, planning, and inventory optimization
solutions, today announced that Epicor Software Corporation (NASDAQ: EPIC), a
leading provider of integrated enterprise software solutions for midmarket
companies, recently sold Smart's flagship product, SmartForecasts Enterprise, to
three companies in North America. These companies will integrate SmartForecasts
with the Epicor Financials and Supply Chain Management (SCM) Suites of the
Epicor Enterprise end-to-end solution to improve their demand planning
processes.
Acorn Products, Arbonne International, and Technuity, Inc. will use the
combined distribution and demand planning solution to improve demand management
and provide accurate inventory stocking level estimates to reduce costs, improve
customer service, and better deploy production and distribution assets.
"Our relationship with Epicor continues to grow with an expanding roster of
Epicor customers choosing SmartForecasts," said Charles Smart, president of
Smart Software. "Epicor customers are taking advantage of the added value that
SmartForecasts contributes to their demand planning and management."
Acorn Products of Lewiston, Maine, manufactures casual footwear and quality
slippers and is best known as the original maker of slipper sox. With thousands
of SKUs and a very seasonal business, Acorn's main objectives are to plan better
for seasonality and optimize its manufacturing capacity.
"We needed to consolidate our information systems," said Melissa Farinas,
director of information systems at Acorn Products. "Epicor Enterprise and
SmartForecasts will provide us with a comprehensive platform and tools to manage
our business better and continue to grow."
Technuity, Inc. of Indianapolis, Indiana, designs, manufactures and markets a
variety of power products including batteries, uninterruptible power supply
products (UPS), and electrical surge protection devices, that are used for
electronics applications.
Matt Coffman, Technuity's director of information technology noted,
"Technuity will be using SmartForecasts with Epicor's distribution and warehouse
management systems to accurately estimate future demand and set appropriate
inventory stocking level requirements."
Arbonne International of Irvine, California, is a multi-level marketing
company with thousands of independent consultants that sells natural health,
beauty, and nutrition products. Arbonne will be using SmartForecasts with Epicor
Enterprise to implement best practices for its demand forecasting and
purchasing. The software will help Arbonne institute more effective planning
processes for understanding customer demand and purchasing its more than 300
products.
Epicor resells SmartForecasts and has developed an interface that seamlessly
integrates it with Epicor SCM. This capability provides Epicor's customers with
quick, accurate demand forecasts and service level inventory requirements which
will enable them to improve demand planning and inventory management.
"The fact that more of our customers are opting for SmartForecasts with the
Epicor Enterprise suite supports the growing need among midmarket companies for
comprehensive forecasting, planning and inventory management solutions," said
Mark Duffell, executive vice president of Epicor Enterprise Solutions and
International Operations. "It's vital that companies be able to quickly react to
changes in demand, while at the same time managing relationships with suppliers
and customers. Together, Epicor SCM and SmartForecasts provide the insight to
help companies optimize business performance."
About Epicor Software Corporation
For 20 years, Epicor has been a
recognized leader dedicated to providing integrated enterprise resource planning
(ERP), customer relationship management (CRM) and supply chain management (SCM)
software solutions to midmarket companies around the world. With the acquisition
of Scala, Epicor is a global leader in the midmarket serving over 20,000
customers in over 140 countries. Epicor leverages innovative technologies like
Web services in developing end-to-end, industry-specific solutions for
manufacturing, distribution, enterprise service automation, and hospitality that
enable companies to immediately drive efficiency throughout business operations
and build competitive advantage. With the scalability and flexibility to support
long-term growth, Epicor's solutions are complemented by a full range of
services, providing a single point of accountability to promote rapid return on
investment and low total cost of ownership. Epicor's worldwide headquarters are
located in Irvine, California, with offices and affiliates around the world. For
more information, visit the company's Web site at www.epicor.com.
About Smart Software
Founded in 1984, Smart Software, Inc. is a leader in providing businesses
with enterprise-wide demand forecasting, planning and inventory optimization
solutions. Smart Software's flagship product, SmartForecasts, has thousands of
customers worldwide, including midmarket enterprises and Fortune 500 companies,
such as Monsanto, Mitsubishi, Siemens, Labatt Breweries, Pfizer, and Coca-Cola.
SmartForecasts gives demand planners the tools to handle sales seasonality,
promotions, new and aging products, multi-dimensional hierarchies, and
intermittently demanded service parts and capital goods items. It also provides
inventory managers with accurate estimates of the minimum inventory and safety
stock required to meet future orders, thereby ensuring the most cost-effective
inventory allocation to achieve desired service levels. Smart Software is
headquartered in Belmont, Massachusetts and can be found on the World Wide Web
at www.smartcorp.com.
SmartForecasts is a trademark of Smart Software, Inc. Epicor is a registered
trademark, and Epicor Enterprise, Epicor Supply Chain Management and Epicor
Financials are trademarks of Epicor Software Corporation. All other trademarks
are the property of their respective owners.
For more information, please contact Smart Software, Inc., Four Hill Road,
Belmont, MA 02478. Phone: 1-800-SMART-99 (800-762-7899);
FAX: 1-617-489-2748; E-mail: info@smartcorp.com
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